Ensure Home Mortgages are in compliance with all applicable secondary market, private and government loan programs.
Requirements
- 7+ years mortgage experience with in-depth knowledge of manual underwriting guidelines, FHA (DE preferred) VA and manual underwriting analysis.
- Advanced knowledge of all income types and sources, including the ability to interpret personal and business tax returns and other complex loan scenarios.
- Advanced knowledge and experience of underwriting of high/ultra-high net worth borrowers to include analysis of multiple businesses, large real estate portfolios and diverse asset portfolios.
- Experience with ACES, Empower, Encompass is a plus.
- Sound knowledge of the consumer mortgage lending process and workflow through Prefunding.
- Sound knowledge of secondary, private, investor and government mortgage loan programs.
Responsibilities
- Re-Underwrite and review all underwriting decisions to the daily QA selection of loans to ensure that all guidelines on mortgage products are being met by Home Mortgage product staff.
- Determine if all AUS conditions were input correctly, and conditions were satisfied.
- Review each appraisal for soundness and determine if review appraisal is warranted.
- Review legal documents to ensure accuracy.
- Assist in the performance of periodic targeted assurance reviews and perform other credit and qualify control duties that may be assigned.
Other
- Execute tasks within defined processing parameters, ensuring accuracy and attention to detail.
- Respond to internal and external customer inquiries within 24 hours.
- Escalate issues or risks to management within 24 hours.
- Identify and suggest improvements to enhance customer experience.
- Comply with all relevant regulatory requirements, including state and federal laws.
- Complete all required Regulatory and HR compliance training quarterly by deadlines.
- Demonstrate leadership qualities and maintain a professional, positive attitude in all interactions.
- Work toward Personal Development Plan (PDP) goals and present progress to management.
- Strong oral and written communication skills with solid organization, interpersonal, analytical and problem-solving skills.
- Must be detailed oriented and maintain accuracy in a fast-paced environment.
- Ability to manage change and take on new tasks as required.
- Ability to work under minimum supervision.
- Must be production oriented to meet department productivity goals and deadlines.
- Demonstrate ability to maintain a high-level of confidentiality.
- Role is Hybrid 4 days a week in office
